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than the host as in the case of jamie dimon lloyd blankfein the parasite gets bigger than the global economy then you have a parasitic world driven by parasitic needs ruled by parasites and that's not really helping anybody well the parasites on the host get bigger and bigger and they need to consume or more more to sustain themselves but you know look back at that image again this is the absurdity this is exactly as absurd as the banking system is right now is like this little absurd creature sitting at a fish's tongue like jamie done and you know you can just look at jamie when he's on the news like. you know that's to me as a parasite. you know and as money comes into wall street jamie scoops it up. and it comes into his gills and it makes of all the stupid. parasites one of the ugliest so obviously in that situation with the tongue eating ice of pot if you will put out the fish no longer has a tongue so it needs it but we're going to look at these next few headlines to whether or not we can remove this absurd ugly sort of fish tone that we have in our own banking system iceland reveals o
than the host as in the case of jamie dimon lloyd blankfein the parasite gets bigger than the global economy then you have a parasitic world driven by parasitic needs ruled by parasites and that's not really helping anybody well the parasites on the host get bigger and bigger and they need to consume or more more to sustain themselves but you know look back at that image again this is the absurdity this is exactly as absurd as the banking system is right now is like this little absurd creature...
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ticket to europe inspiration he would start to negotiate the best stands for the treat jar ukrainian economy live to one doesn't know what the words when we see you we want it back to times for me and we wanted to intensify all. this agreement is to be signed it was in the fall and it will be necessary to comply with the stunts. haiz co was not welcomed by all stations jesus. they hope to summon enough punishment revolts on tuesday to oust the cabinets. you are gentle called reached justified its decision by saying that ukraine could in the photo great treats aren't sweet to watch. he estimates showed about forty five cents of ukrainians support posts but integration with the eu. but that was ordered as favoring the most part sweet to watch bulls coach point two brackets you with the eu by finding some new ukrainian imports and a quick single trade sanctions. in two thousand knowing dispute between kiev and moscow on gas prices resulting gas being cut off to the ukraine for a three week period the general cctv transmission out to thailand anti government protest leader says that the attacks
ticket to europe inspiration he would start to negotiate the best stands for the treat jar ukrainian economy live to one doesn't know what the words when we see you we want it back to times for me and we wanted to intensify all. this agreement is to be signed it was in the fall and it will be necessary to comply with the stunts. haiz co was not welcomed by all stations jesus. they hope to summon enough punishment revolts on tuesday to oust the cabinets. you are gentle called reached justified...
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if that's the best they can read the economy then we can think of the retina. it's a bit with that. that's why the dog onto my bike with one of the stairs the child is the conservatives. on a wet that they acknowledge that change will not come overnight but if anything what movements like this i'd like to send me some bread so this is reaching a point where they are looking for a death wish they'd feel simply did not exist within the walls of this institution one of the wand and tess are silly. made up the left unity party will be eager to point out that they the camera scattered some of britain's richest businessmen and industrialists are out of her trip to china up to the break reported a visit with a promise was going in to do but try to secure beijing's favor and catch. last thing the problem as the victim to a single drug in yemen is being blamed for a nationwide shortage of water this was another of the bread. the air the do you speak a language more news programs and documentaries in arabic. it's cold here all of today reporting from the wilcox we are keen to be an intriguing
if that's the best they can read the economy then we can think of the retina. it's a bit with that. that's why the dog onto my bike with one of the stairs the child is the conservatives. on a wet that they acknowledge that change will not come overnight but if anything what movements like this i'd like to send me some bread so this is reaching a point where they are looking for a death wish they'd feel simply did not exist within the walls of this institution one of the wand and tess are silly....
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economy is going to be heard very very badly by this in the long term already germany just last week announced that they are basically going to rebuild and reengineer old critical software that they need to run their country in their industry so that means that they will stop buying lots of american software which is what you know most western countries do so my home country tonight alliance buys about ten billion euros worth of u.s. software on a yearly basis so you know that's that's something like several hundred euros per citizen every year now translate that to all of the western world and your debts the kind of money we're talking about then we've been paying that for year on year on year and year to companies like microsoft and apple and google and of course everybody starts saying oh we need to actually do this ourselves if we want to be safe and secure and if we want to be sovereign and oh by the way great there's all this free software out there that actually mostly already does what we need to and we just need to build the last five percent or two percent in usability and
economy is going to be heard very very badly by this in the long term already germany just last week announced that they are basically going to rebuild and reengineer old critical software that they need to run their country in their industry so that means that they will stop buying lots of american software which is what you know most western countries do so my home country tonight alliance buys about ten billion euros worth of u.s. software on a yearly basis so you know that's that's...
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we are talking about an economy that is not good. >> they are making the money worth it. printing money all over the world. and they are printing a staggering amount of money in the money wil be worth worth less and less on sunday when it ends, we will all suffer very badly. everybody watching this show should be very worried and prepared. lou: i am anxious because i have been listening to jim and i know that we will be looking ion us. and the only way for me to be prepared is to make a lot of money. right now before all heckme eaks loose. >> i don't know, that's why watch lou dobbs. [laughter] >> i buy the things that haven't gone up so much, agriculture, russia of all things, i've even been thinking about buying poland. [laughter] lou: alumni, that's great. >> i was in russia for 46 years. lou: these guys are acting like a bunch of communists. now they are acting like a bunch of communists. >> so what are you talking about? they have been administering those islands for 40 years and we have this, the chinese, and the koreans. >> the really think that they should act lik
we are talking about an economy that is not good. >> they are making the money worth it. printing money all over the world. and they are printing a staggering amount of money in the money wil be worth worth less and less on sunday when it ends, we will all suffer very badly. everybody watching this show should be very worried and prepared. lou: i am anxious because i have been listening to jim and i know that we will be looking ion us. and the only way for me to be prepared is to make a...
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is spending cuts to deal with their ailing economy there is no recovery in sight nor will there be for quite some time greece and to protest too but assign it to stick with brussels persist with austerity price and cannot be directly compared because of course of the size of the economies and indeed the population as well go i said with three hundred twenty thousand greece with eleven point three million people process although foreign debt in iceland was six times higher than g.d.p. during the crash greece however after four years of austerity measures designed to reduce greece's public debt has instead continued to grow to one hundred seventy five percent of g.d.p. and the biggest difference of all of course greece has the euro iceland has the freedom of their own currency. well i spoke to professor of binary economics rodney shakespeare who believes in iceland is setting a remarkable example you must rely on your own national bank for your own uses for your own real economy and for the spreading and if you don't do that you'll be trapped into debt in the same way that what you got g
is spending cuts to deal with their ailing economy there is no recovery in sight nor will there be for quite some time greece and to protest too but assign it to stick with brussels persist with austerity price and cannot be directly compared because of course of the size of the economies and indeed the population as well go i said with three hundred twenty thousand greece with eleven point three million people process although foreign debt in iceland was six times higher than g.d.p. during the...
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is spending cuts to deal with their ailing economy there's no recovery in sight nor will there be for quite some time recent protests too but assigned it to state with brussels assist with austerity pricing cannot be directly compared because of course of the size of the economies and indeed the population as well go i said with three hundred twenty thousand greece with eleven point three million people process although foreign debt in iceland was six times higher than g.d.p. during the crash greece however after four years of austerity measures designed to reduce greece's public debt has instead continued to grow to one hundred seventy five percent of g.d.p. and the biggest difference of all of course greece has the euro iceland has the freedom of their own currency. one economics professor from iceland told us he believes the country's financial model will stand the test of time within the economic literature there are those who have been proponents of not rescuing banks but rescuing household and let banks collapse so in that respect the icelandic model if we can talk about an icel
is spending cuts to deal with their ailing economy there's no recovery in sight nor will there be for quite some time recent protests too but assigned it to state with brussels assist with austerity pricing cannot be directly compared because of course of the size of the economies and indeed the population as well go i said with three hundred twenty thousand greece with eleven point three million people process although foreign debt in iceland was six times higher than g.d.p. during the crash...
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is spending cuts to deal with their ailing economy there's no recovery in sight nor will there be for quite some time greece and to protest too but assigned it to stick with brussels assist with austerity pricing cannot be directly compared because of course of the size of the economies and indeed the population as well glycine with three hundred twenty thousand greece with eleven point three million people process although foreign debt in iceland was six times higher than g.d.p. during the crash greece however after four years of austerity measures designed to reduce greece's public debt has instead continued to grow to a hug. seventy five percent of g.d.p. and the biggest difference of all of course greece has the year i i sent has the freedom of their own currency. to one of our top stories now here in r.t. the grilling of the editor of britain's guardian newspaper by a parliamentary committee to recall a member of parliament for the british labor party joins me live now from london what do you make of this hearing some see this is perhaps symbolic of press freedom or indeed expres
is spending cuts to deal with their ailing economy there's no recovery in sight nor will there be for quite some time greece and to protest too but assigned it to stick with brussels assist with austerity pricing cannot be directly compared because of course of the size of the economies and indeed the population as well glycine with three hundred twenty thousand greece with eleven point three million people process although foreign debt in iceland was six times higher than g.d.p. during the...
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jen rogers joins us to tell us what it means for the to be american economy and the global economy as well. we are coming right back. the obama administration touting dramatic improvements out of healthcare.gov, and that is not what we are finding. we will be talking with the former director, tom scully, on what is really going on with obamacare. as a business owner, i'm constaly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i t 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me th unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital o. chse 2% cash back or double miles on every purchas every d. what's in your wallet? i need your timesheets, larry! lou: our first guest is here to serve at least partly as a tutor for you will end me. he says that obamacare is the biggest middle-class entitlement ever conceived and he says beyond the flawed website, we need to stay focused on the fact that health care law spe
jen rogers joins us to tell us what it means for the to be american economy and the global economy as well. we are coming right back. the obama administration touting dramatic improvements out of healthcare.gov, and that is not what we are finding. we will be talking with the former director, tom scully, on what is really going on with obamacare. as a business owner, i'm constaly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from...
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that's how they managed to weave night the economy somewhat if we if we go back to that time we've got to remember that foreign debt was six times higher than d.d.p. we had inflation at eighteen percent the biggest banks in the country failed so it really is quite a turnaround there is a long way to go and having said that i just want to mention that because the government is trying to help out the people that the mortgage has because they're doing that the lights of the i.m.f. and the credit rating agencies are very happy to say you know it's not time to do that just yet so really in a way i said is putting the people before the banks i suppose i would say i mean that is exactly it here we have the i.m.f. and then the year across in brussels getting very upset because for once in history one might say officials are helping the people in helping and i want to mention as well i some payback the i.m.f. loans as well they still owe money but that was a first as well which is quite an achievement i dare say the officials in the reykjavik one in brussels to take their fingers out of the pot
that's how they managed to weave night the economy somewhat if we if we go back to that time we've got to remember that foreign debt was six times higher than d.d.p. we had inflation at eighteen percent the biggest banks in the country failed so it really is quite a turnaround there is a long way to go and having said that i just want to mention that because the government is trying to help out the people that the mortgage has because they're doing that the lights of the i.m.f. and the credit...
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you live in a european society or the post-soviet economy. nothing injunctions. >> pavlo, the generational sense, is there a sense in chicago, is there any distinction, is it really just about the economics and the future or does this harken back in a sense in your community to having that feeling that look, we let moscow control things for a generation, now we want to move to the west, we want to be thought of in a western democratized way? >> well, unfortunately controlled by russia and moscow in particular, has been more than a generation or two. our fates have intertwined for well over 400 years when there's bem domination by russia and certain attempts by the ukrainian nation to revolt against it. what we're seeing today is the most recent revolt against the policies of the kremlin. they are happening osh the streets of kiev, on the streets of chicago, on the streets of new york as well in solidarity for what's happening back in our home land. >> why is there not more attention paid in the united states to this particular conflict? >> as
you live in a european society or the post-soviet economy. nothing injunctions. >> pavlo, the generational sense, is there a sense in chicago, is there any distinction, is it really just about the economics and the future or does this harken back in a sense in your community to having that feeling that look, we let moscow control things for a generation, now we want to move to the west, we want to be thought of in a western democratized way? >> well, unfortunately controlled by...
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architect and destroy the internet the entire this entire global economy based on i.t.v. starts to collapse and give you an idea some of the downloads are doing there by some estimates u.s. corporations are already losing one hundred eighty billion dollars of business as the rest of the world's divorces itself from this crappy as a virus. joke write your own heart no i don't think i'm fully right well it's not necessarily that the total value you know to the global society of information technology is going to go down but certainly the u.s. economy is going to be heard very very badly by this in the long term already germany just last week announced that they are basically going to rebuild and reengineer old critical software that they need to run their country in their industry so that means that they will stop buying lots of american software which is what you know most western countries do so my home country to another learns by about ten billion euros worth of u.s. software on a yearly basis so you know that's that's something like several hundred euros per citizen ev
architect and destroy the internet the entire this entire global economy based on i.t.v. starts to collapse and give you an idea some of the downloads are doing there by some estimates u.s. corporations are already losing one hundred eighty billion dollars of business as the rest of the world's divorces itself from this crappy as a virus. joke write your own heart no i don't think i'm fully right well it's not necessarily that the total value you know to the global society of information...
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we live in an economy that's growing what, 1% a year? the stockmarket needs a lot more than 1% a year to really do well over the long term. it's hard to gain confidence in all this. so what is it? we live in this environment which is i think very hard for young people to get engaged in these financial kind of thinking and financial decisions. we live in an environment where very few people understand what money is. i want to talk to you about what money is. because the federal reserve is painting $85 billion a month. what is that? is that money? how does that affect us? what's involved? so what is that stuff, this paper that we carry around, is this money? what does it represent? why do we use the? where does it come from? so what is money? is this stuff? purchasing power. so this allows me to buy stuff. why is it cool? where did this come from? who invented this? it wasn't the federal reserve it as i said it was only invented in 1913. federal research predicts money a little bit -- what do we do when there was no money? you wanted to ge
we live in an economy that's growing what, 1% a year? the stockmarket needs a lot more than 1% a year to really do well over the long term. it's hard to gain confidence in all this. so what is it? we live in this environment which is i think very hard for young people to get engaged in these financial kind of thinking and financial decisions. we live in an environment where very few people understand what money is. i want to talk to you about what money is. because the federal reserve is...
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opposite the case, as the economy improves should we like stocks more? it's a first-class quandary that we have to dive into headlong on "mad money" if we're going to figure out the market's move. it's distracted and a parlor game and we find you the best stocks and the best opportunities. the only focus on the fed's next move the last three years, you missed some of the single best moments to invest in our lifetimes. i regard that as terrible. i regard it as shameful because this fed-centric world presumes that the market is one big stock that is sent higher or lower by ben bernanke and janet yellin and it's the market as a marionette. my favorite credo is the opposite. the stocks represent companies and the companies march to many different drum e not just the fed drummer. some companies do better than higher interest rates and like the minerals and oils and most important, many companies do better because their managements are smart or incentive to create value. if you spend all of your time waiting for the fed to tell you what to do -- you missed so
opposite the case, as the economy improves should we like stocks more? it's a first-class quandary that we have to dive into headlong on "mad money" if we're going to figure out the market's move. it's distracted and a parlor game and we find you the best stocks and the best opportunities. the only focus on the fed's next move the last three years, you missed some of the single best moments to invest in our lifetimes. i regard that as terrible. i regard it as shameful because this...
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the good thing about this measure is that it focuses on the on the key of the economy which is the average household yes and why didn't the rest of europe did the same thing and could other european countries do the same without feeling the call sequence. that's a very good question and within the economic literature there are those who have been proponents of not rescuing banks but rescuing household and the banks collapse so in that respect the icelandic model if we can talk about an icelandic model of handling the financial crisis will be very interesting to follow and see if that's even more successful than than having the public paid through through the debt and through the increase in taxes in order to safeguard the financial system so as we know us things continue to move on to develop. this will be one of the more interesting things to me to study if this is a better way to. counter financial crises not what we call the traditional way which is really ring fencing the. sale of all fellas a professor of economics and finance at the university of iceland mr ball fell thank you very m
the good thing about this measure is that it focuses on the on the key of the economy which is the average household yes and why didn't the rest of europe did the same thing and could other european countries do the same without feeling the call sequence. that's a very good question and within the economic literature there are those who have been proponents of not rescuing banks but rescuing household and the banks collapse so in that respect the icelandic model if we can talk about an...
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so yeah i don't you know disagree and are over that on the other hand i think that with a more micro economy like a an individual nation state particularly nation were they would become basically the reserve currency the world. there's. there's a motion that is more coherent i feel like. throughout the book of course you do criticize obama a lot but you largely point the blame at the republican opposition forces for his failure to implement real progressive policies during his administration how do you how do you i guess excuses squandering of the supermajority during the first two years in office he had a super majority for thirteen weeks that was how long it took until scott brown was sworn in to replace ted kennedy and then. he had a thirteen week period when he had a filibuster proof senate and that was it out of the entire five years he's been president so the things that he campaigned on the things that were suggested the over two hundred pieces a really genuinely solid progressive legislation answer palosi actually got out of the house of representatives i mean simple stuff that you w
so yeah i don't you know disagree and are over that on the other hand i think that with a more micro economy like a an individual nation state particularly nation were they would become basically the reserve currency the world. there's. there's a motion that is more coherent i feel like. throughout the book of course you do criticize obama a lot but you largely point the blame at the republican opposition forces for his failure to implement real progressive policies during his administration...
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today and ironically of course under the clinton administration we saw this massive deregulation the economy why is twenty sixteen the next day to i mean obviously we're in this right now but why is that the peak or are right now and and it is both an economic cycle and a political cycle the crash really began into late two thousand and six and those people within the bush administration had any sense saw it coming and did everything they could to keep it from happening before the november two thousand a day like they were not successful and i think that's part of why we have president obama rather than president mccain president obama and his staff are looking and the fed they're all looking at the same thing not my watch we don't want to happen on our watch and so they're doing everything they can to try to push that crash back to november twenty sixth and that's why we chose that. title you know betty for the full title. the thing that obama has that bush didn't and the negative thing that obama hasn't pushed it is bush didn't have the entire democratic party trying to make the crash happ
today and ironically of course under the clinton administration we saw this massive deregulation the economy why is twenty sixteen the next day to i mean obviously we're in this right now but why is that the peak or are right now and and it is both an economic cycle and a political cycle the crash really began into late two thousand and six and those people within the bush administration had any sense saw it coming and did everything they could to keep it from happening before the november two...
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cameron who is going to who is doing rather his best earlier china into investing more into britain's economy the prime minister's resorting to political charm in beijing and they had over the u.k.'s largest ever trade delegation. some in europe and elsewhere see the world changing and want to shut china off behind a band of trade barriers britain wants to trade barriers and britain is the ideal for an opening china. but beyond the wall the big part of take some chinese people of resonating embrace who feel the country is less they hate it open our london correspondent on a point of course now on why many don't feel welcome in the country positioning itself as a close ally of beijing. according to the local association here in london's chinatown immigration officials would visit the eat series here once or twice a week but it wasn't for the food even that is just one of the restaurants raided by the u.k. border agency if you imagine we are in a rush for and enjoying you your meal with your friends your family some uniformed people. who we don't know so we know what's going on and on the one h
cameron who is going to who is doing rather his best earlier china into investing more into britain's economy the prime minister's resorting to political charm in beijing and they had over the u.k.'s largest ever trade delegation. some in europe and elsewhere see the world changing and want to shut china off behind a band of trade barriers britain wants to trade barriers and britain is the ideal for an opening china. but beyond the wall the big part of take some chinese people of resonating...
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economy? all of this remains to be seen. as one of the biggest experiments that regulators and lawmakers have ever done in the financial industry, so it will be fascinating to watch it play out. host: our guest is scott patterson of the washington journal. richard on the independent line. so,er: every 15 years or our financial industry find a way to blow up some part of the u.s. economy. at the core of it is the essential on regulated greed of the people on wall street. going topoint are we see people in jail for destroying others'lives? actually deprive them of their liberty the way that they deprived other parts of the u.s. economy, you're not going to see a change. it is a cultural issue. again, this is one of the big criticism of the regulators, that they have not actually thrown any of the big ceos at the banks in jail. i do not think that that is totally out of the realm of yet, but as get -- time goes on, it is becoming highly unlikely. jpmorgan, we talked about the london whale earlier, they also have been find a ver
economy? all of this remains to be seen. as one of the biggest experiments that regulators and lawmakers have ever done in the financial industry, so it will be fascinating to watch it play out. host: our guest is scott patterson of the washington journal. richard on the independent line. so,er: every 15 years or our financial industry find a way to blow up some part of the u.s. economy. at the core of it is the essential on regulated greed of the people on wall street. going topoint are we see...
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economy is gradually regaining momentum. and on the currency markets, dollar/yen now up to 103.08, up to fresh six-month high on dollar/yen. euro/dollar, just below the 1 .36 mark we were at on thursday and sterling just back from that 1.64 of 11.6 1.6384. the aussie is the second worst performer after the g-10 in the currencies. australia's central bank says the country's currency is still uncomfortably high. those comments sending the yield down further. little urgency for more rate cuts. policymakers keeping them on hold. earlier cuts are still taking effect once inflation is tamed. joining us with his thoughts, may bank in singapore. andy, thanks for joining us. is the aussie/dollar going to get weaker? >> i think generally if you look at the markets, you look at the options site, it looks like we're probably going to see a bit of saturation on the short aussie. you're probably going to see a limit about the 90 levels. but our view is tapering in the first quarter, probably first quarter of next year, it may go down to a
economy is gradually regaining momentum. and on the currency markets, dollar/yen now up to 103.08, up to fresh six-month high on dollar/yen. euro/dollar, just below the 1 .36 mark we were at on thursday and sterling just back from that 1.64 of 11.6 1.6384. the aussie is the second worst performer after the g-10 in the currencies. australia's central bank says the country's currency is still uncomfortably high. those comments sending the yield down further. little urgency for more rate cuts....
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thank you and good night. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> supported by the john d. and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org >>> this is nightly business report with tyler mathisen and susie gharib, brought to you in part by. >>> street.com, up to the minute news and indepth analysis, we provide objective, independent ratings daily on over 4300 stocks, learn more at the street.com/nbr. >>> december downer, stocks start the new month with a loss. and one prominent voice says he is concerned about the market's lofty level, is he right, and can you still find value? >>
thank you and good night. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> supported by the john d. and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public...
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investing in health is worth it, because better spending can cut early death rates, and economies are boosted by a healthier, longer-living population. the report recommends doubling spending on research and develop on diseases that effect the poor from 3 to $6 billion a year. and governments should dramatically increase the tax on tobacco. >> i think the first step is agree on the goal, making the commitment, having that commitment be widely shared, generating the political commitment above all within countries to commitment the necessary resources to the necessary health interventions. >> nevertheless do you think in the current economic environment, when you talk about $60 billion being injected into health care systems a year to reach these goals, a lot of people are going to be thinking how are cash-strapped countries going to find that money? >> what we show is that the total gain in gdp, the extra gdp, not the gdp they have now, the extra gdp they have per year represents a figure of close to $10 trillion per year. and what we're talking about is the allocation of not half of i
investing in health is worth it, because better spending can cut early death rates, and economies are boosted by a healthier, longer-living population. the report recommends doubling spending on research and develop on diseases that effect the poor from 3 to $6 billion a year. and governments should dramatically increase the tax on tobacco. >> i think the first step is agree on the goal, making the commitment, having that commitment be widely shared, generating the political commitment...
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they see the future, a much stronger one, both in terms of the economy and the politics. so as a result, this division was bound to cur. what was not expected i think were the rallies of so many people in ukraine out in the square, reminiscent of nine years ago, before the so-called rose rev lugts. >> this feeling where they wanted to be more part of the western europe and western world. >> yes, and they wanted democracy, wanted human rights freedom, so forth. they have a certain element of that in ukraine now, but the ties with russia are rather ominous if that's the future. >> what should u.s. policy be on this? >> well, i think the united states really needs to lean in and be supportive of the people of ukraine in the sense that we would like for them to join. >> the eu. >> yes. >> and basically sever its ties or have more constructive economic ties with russia. >> that's the better place to put it, constructive. they'll have many types. and historically there are a lot of russians in ukraine. >> very quickly, the iran negotiation deal. is this deal better than nothing
they see the future, a much stronger one, both in terms of the economy and the politics. so as a result, this division was bound to cur. what was not expected i think were the rallies of so many people in ukraine out in the square, reminiscent of nine years ago, before the so-called rose rev lugts. >> this feeling where they wanted to be more part of the western europe and western world. >> yes, and they wanted democracy, wanted human rights freedom, so forth. they have a certain...
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government wants to see an end to the proxy war going on in the second city killing civilians and the local economy. but how the military will deal with the war and factions will be a big test. andrew simmons al jazeera beirut. >> and an update on syria we have reports that two people have been killed in an explosion in damascus. this is according to syrian state television, an explosion by suicide bomber who blew himself up in central damascus this tuesday and 17 people are injured and we will bring you information on this breaking story if and when we have it. the powerful north korea un has been removed from his post. and he was widely believes to be the power behind the north korean leader and held vice chairman of the commission and there are reports that two of his close associates have been executed following corruption charges. the u.s. vice president expressed concerns over china's expansion of the air defense zone in the east china sea and it was in japan and the first stop in a three-nation tour of asia and he will make a visit to china on wednesday and tokyo and bejing are talking about
government wants to see an end to the proxy war going on in the second city killing civilians and the local economy. but how the military will deal with the war and factions will be a big test. andrew simmons al jazeera beirut. >> and an update on syria we have reports that two people have been killed in an explosion in damascus. this is according to syrian state television, an explosion by suicide bomber who blew himself up in central damascus this tuesday and 17 people are injured and...
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e've seen the economy grow every quarter since 2009, the economy has grown. the private sector economy has grown. where did that wealth grow? where did it go? where did the wealth of this nation go? 95% of the wealth generated in his nation since 2009 has gone o the top 1% of americans. the remaining 95% have had to split what was left. during the clinton economy, it was reversed. top 1% took 45% and the bottom 95% -- excuse me, the bottom 99% took the remaining. 1% took 95%, 99% were left with 5%. income inequality. what do we do about it? how do we achieve the goals of president clinton when he talked about the american dream ? how do we achieve the goals of f.d.r. when he talked about our purpose, not to provide more for those who have great but to provide for those who have little? how can we do it? well, one way we can do it is along -- is a long american tradition dating back to george washington. in his first year in office, george washington called upon alexander hamilton, his treasury secretary, to figure out how to grow the american economy. they we
e've seen the economy grow every quarter since 2009, the economy has grown. the private sector economy has grown. where did that wealth grow? where did it go? where did the wealth of this nation go? 95% of the wealth generated in his nation since 2009 has gone o the top 1% of americans. the remaining 95% have had to split what was left. during the clinton economy, it was reversed. top 1% took 45% and the bottom 95% -- excuse me, the bottom 99% took the remaining. 1% took 95%, 99% were left with...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. and you work hard to get to the next level. it feels good when you reach point b, but you're not done. for you, "b" is not the end. capella university will take you further, because our competency-based curriculum gives you skills you can apply immediately, to move your career forward. to your point "c." capella university. start your journey at capella.edu. store and essentially they just get sold something. we provide the exact individualization that your body needs. it's the ultimate sale on the bed clinically proven to improve sleep quality. the sleep number bed. once you experience it, there's no going back. for two days only, queen mattresses start at just $599.99. and save 50% on limited edition innovation or mem
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. and you work hard to get to the next level. it feels good when you reach point b, but you're not done. for you, "b" is not the end. capella...
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prevent dangerous materials from entering occupied territory and the six mile restrictions hurt the economy and al jazeera's nick has more from jerusalem. >> six years israel controlled the seas and today activists wanted to take them back and living in gaza cannot go six miles from the coast and war ships block everything going in and going out and they say that strangled the economy and so they challenge the blockade and going straight for israeli ships and aware of the risk and they arrested and they attacked for sailing more than six miles out. >> we are armed with international law and they saying this is our sea, this is our land, this is our sky, you shouldn't be here. >> reporter: by challenging the blockade israel may stop or attack them but with two thirds of the people in gaza living on $6 a day they have nothing to loose and it's about security and fired rockets from gaza into israel and israel said to prevent it it most block cement that have been used in attacks. and for palestinians this is about their livelihood in an area where raw sewage runs through the streets and power
prevent dangerous materials from entering occupied territory and the six mile restrictions hurt the economy and al jazeera's nick has more from jerusalem. >> six years israel controlled the seas and today activists wanted to take them back and living in gaza cannot go six miles from the coast and war ships block everything going in and going out and they say that strangled the economy and so they challenge the blockade and going straight for israeli ships and aware of the risk and they...
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just as the concern for confidence. >> what you just said, for the rest of the economy, is the fed being so active, is that a positive for confidence? i would think if i knew that i could get zero interest rates or the next two or three years, i would feel confident. but then again, i can see it the other way where, wow, if we need this much help, the underlying dynamics aren't that strong. is if fed helping confidence or hurting confidence? >> i think with the consumer, the individual, it's probably helping. if you know rates are going to be -- >> well, back of the markets. >> but i think for business, it's hurting, quite frankly. i think both the fed's activism, as well as the lack of clarity on tax policy really hurting the bills sector. and that's the key component here. that hasn't kicked in at all in this recovery. >> rich, people say it's that, but it's also just -- if there was a man that corporations would get active. they're pulling their cash and everything else. is it this they're not confident because of the fed or we're still trying to come back from that sharp break we had
just as the concern for confidence. >> what you just said, for the rest of the economy, is the fed being so active, is that a positive for confidence? i would think if i knew that i could get zero interest rates or the next two or three years, i would feel confident. but then again, i can see it the other way where, wow, if we need this much help, the underlying dynamics aren't that strong. is if fed helping confidence or hurting confidence? >> i think with the consumer, the...